Dec 13 (Reuters) – In their first public comments on its strategy for tapping into the “metaverse,” Intel Corp (INTC.O) executives said the firm is working on software that will help laptops tap into computing power from other devices, including chips from its rivals.

While the definition of “metaverse” is broad, it generally refers to immersive virtual worlds that will be accessed via the internet and a variety of devices, like virtual reality headsets.

The trend is expected to require vastly more computing power, and firms like Nvidia Corp (NVDA.O), which makes chips and software used to construct the virtual world, and Qualcomm Inc (QCOM.O), which makes chips used in virtual reality headsets, have both gained value in recent months on investor enthusiasm about the metaverse.

At a news conference after a presentation at the RealTime Conference on metaverse technologies on Monday, Raja Koduri, head of Intel’s accelerated computing systems and graphics group, said the company’s first technology push into the metaverse will be software that helps devices take advantage of computing power that already exists and is unused.

The trend is expected to require vastly more computing power, and firms like Nvidia Corp (NVDA.O), which makes chips and software used to construct the virtual world, and Qualcomm Inc (QCOM.O), which makes chips used in virtual reality headsets, have both gained value in recent months on investor enthusiasm about the metaverse.

At a news conference after a presentation at the RealTime Conference on metaverse technologies on Monday, Raja Koduri, head of Intel’s accelerated computing systems and graphics group, said the company’s first technology push into the metaverse will be software that helps devices take advantage of computing power that already exists and is unused.

Source: https://www.reuters.com/technology/intels-first-foray-into-metaverse-will-be-software-use-others-chips-2021-12-13/

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